Electric mobility player Zypp Electric on Wednesday said it plans to deploy 1 lakh electric two-wheelers in partnership with Indofast Swap Energy Pvt., a 50-50 joint venture between Indian Oil Corp. and SUN Mobility Pvt., over the next 12-18 months.
Zypp Electric has already deployed over 10,000 EVs supported by Indofast Energy's battery swapping infrastructure.
The new fleet of 1 lakh electric two-wheelers will be deployed across India's top eight cities, including Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Pune, Lucknow and Jaipur, enhancing efficiency for delivery partners and enterprises, the company said in a statement.
With Indofast Energy's battery swapping network, riders will gain unlimited range and near-zero downtime, it added.
In Delhi NCR and Bengaluru, Indofast Energy has an extensive network of swap stations every 1.5 km, ensuring seamless and hassle-free battery access, it added.
"Our strengthened collaboration with Indofast Energy will play a crucial role in ensuring seamless operations and accelerating EV adoption across key urban centres," Zypp Electric Co-founder and Chief Operating Officer Tushar Mehta said.
Indofast Energy Senior Vice President Rajat Malhan said, "The deployment of 1 lakh battery-swappable EVs is a resounding testament to our unwavering commitment to electrify India's logistics landscape. Together, we're improving the lives of our delivery partners and helping create a cleaner, greener future."
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.